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Results (10,000+)
Jenn Kabahit Needs more work than led on
8 February 2025 | 10 replies
You can complain to the Realtors managing broker.
Mario Niccolini Investing in a High-Risk Flood Zone (AE) – Worth It or Hard Pass?
20 February 2025 | 11 replies
.- Community Floodplain Management: Flood zone maps are essential for local governments to manage floodplain development and maintain eligibility for NFIP participation.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.
Palak Patel New Landlord: How to Screen Tenants & Attract More Applications
14 February 2025 | 8 replies
These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…
Christin Dorfling New to real estate with 70 K to start. Suggestions?
17 February 2025 | 8 replies
i've managed both OOS and in-person and both can be a pain but OOS is just harder for most new investors, period.
Lindsey Matejak Chicago Lease New Flooding Disclosure Questions
7 February 2025 | 8 replies
@Lindsey Matejak we manage a lot of apartments in Berwyn and Cicero where the 2023 flooding happened.
Erica King New and trying to figure it out
3 February 2025 | 8 replies
Just needed for some tips on saving and managing money better .  
Artney Stewart Buy box criteria
7 February 2025 | 8 replies
From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box. 
Tom E. Tracking Software For Material Participation (Taxes)
11 February 2025 | 10 replies
Quote from @Krishnan Iyer: Hey Tom, I use Stessa to manage all my income and expenses (bookkeeping) for all my properties.
Ella Marie New and ready to learn hands on
4 February 2025 | 10 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
Brandon Morgan scaling portfolio by partnership.
12 February 2025 | 9 replies
I was wondering how people managed to scale their businesses faster.